SEC 13F Intelligence

Managers / Q2 2023 · view latest →

JONES ROAD CAPITAL MANAGEMENT, L.P.

CIK 0001842361 · 370 LEXINGTON AVENUE, SUITE 610, NEW YORK, NY, 10017 · 212-653-1950

Reported Value
$143M
Q2 2023
Positions
36
Filings on Record
22
2019–present window
Filed
Aug 14, 2023
original filing

Summary

Jones Road Capital Management, L.P. reported $143M in U.S.-listed holdings across 36 positions for Q2 2023.

Its largest position, MGM, represents 9.2% of the portfolio.

Compared with Q1 2023, the fund opened 3 new positions and exited 11.

Portfolio Metrics

Turnover
+18.7%
vs prior filed quarter
Top-10 Concentration
+57.2%
share of reported value
Largest Position
+9.2%
Mgm Resorts International
New / Exited
3 / 11
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’20: $248MQ4 ’20Q1 ’21: $277MQ2 ’21: $297MQ3 ’21: $302MQ3 ’21Q4 ’21: $463MQ1 ’22: $221MQ2 ’22: $190MQ2 ’22Q3 ’22: $144MQ4 ’22: $112MQ1 ’23: $138MQ1 ’23Q2 ’23: $143MQ3 ’23: $114MQ4 ’23: $393MQ4 ’23Q1 ’24: $134MQ2 ’24: $211MQ3 ’24: $320MQ3 ’24Q4 ’24: $206MQ1 ’25: $160MQ2 ’25: $236MQ2 ’25Q3 ’25: $169MQ4 ’25: $155MQ1 ’26: $55MQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 61.3%US DOMESTIC: 9.4%ETP: 7.6%GLOBAL: 5.6%REIT: 5.0%Other: 11.1%
  • Common Stock · 61.3% · $88M
  • US DOMESTIC · 9.4% · $13M
  • ETP · 7.6% · $11M
  • GLOBAL · 5.6% · $8M
  • REIT · 5.0% · $7M
  • Other · 11.1% · $16M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
BAXBAXTER INTL INCNEW+301.9K301.9K+$14M$14M
BLACK KNIGHT INCNEW+55.0K55.0K+$3M$3M
BSLBLACKSTONE SENI FLTN RAT 202NEW+20.0K20.0K+$256,400$256,400
LVSLAS VEGAS SANDS CORPSOLD OUT−112.8K0−$6M$0
DMY TECHNOLOGY GROUP INC VISOLD OUT−300.0K0−$3M$0
SUNRUN INCSOLD OUT−1.59M0−$1M$0
MOTIVE CAPITAL CORP IISOLD OUT−50.0K0−$521,750$0
DMY TECHNOLOGY GROUP INC VISOLD OUT−25.0K0−$255,503$0

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q2 2023

30 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MGMMGM RESORTS INTERNATIONALhistory →COM9.22%$13M300.6K
2METAMETA PLATFORMS INChistory →CL A7.90%$11M39.4K
3ISHARES TRIBOXX INV CP ETF7.55%$11M100.0K
4ATI INCNOTE 3.500% 6/17.09%$10M3.50M
5SEA LTDNOTE 0.250% 9/15.64%$8M10.00M
6SPIRIT AEROSYSTEMS HLDGS INCCOM CL A5.25%$8M257.3K
7BHRBRAEMAR HOTELS & RESORTS INCCOM · NOTE 4.500% 6/04.03%$6M2.21M
8BAXBAXTER INTL INChistory →COM3.72%$5M117.0K
9ACTIVISION BLIZZARD INCCOM3.47%$5M59.0K
10BRSLINTERNATIONAL GAME TECHNOLOGhistory →SHS USD3.27%$5M147.0K
11THCTENET HEALTHCARE CORPhistory →COM NEW3.13%$4M55.0K
12SCREAMING EAGLE ACQUISITN COCLASS A ORD SHS · *W EXP 01/05/2022.40%$3M333.3K
13BLACK KNIGHT INCCOM2.29%$3M55.0K
14AVBAVALONBAY CMNTYS INChistory →COM1.65%$2M12.5K
15IQIYI INCNOTE 4.000%12/11.65%$2M2.50M
16XFRAXBLACKROCK FLOATING RATE INCOhistory →COM1.22%$2M143.4K
17FCTFIRST TR SR FLTG RATE INCOMEhistory →COM1.14%$2M165.0K
18CF ACQUISITION CORP IV*W EXP 12/31/2020.49%$699,99366.7K
19COMPUTE HEALTH ACQUISITIN CO*W EXP 01/25/2020.38%$544,46951.0K
20BGTBLACKROCK FLOATING RATE INCCOM0.30%$434,91837.3K
21NPFDNUVEEN VRIABL RAT PFD & INMCOM0.19%$275,12617.8K
22BSLBLACKSTONE SENI FLTN RAT 202COM0.18%$256,40020.0K
23APOLLO TACTICAL INCOME FD INCOM0.18%$253,80020.0K
24EFTEATON VANCE FLTING RATE INCCOM0.16%$233,60020.0K
25CYHCOMMUNITY HEALTH SYS INC NEWCOM0.15%$220,00050.0K
26APOLLO SR FLOATING RATE FD ICOM0.12%$167,30113.0K
27NUVEEN FLOATING RATE INCOMECOM SHS0.11%$156,00020.0K
28XEFRXEATON VANCE SR FLTNG RTE TRCOM0.08%$111,0149.4K
29DNABWGINKGO BIOWORKS HOLDINGS INC*W EXP 09/16/2020.06%$93,00050.0K
30UNITED HOMES GROUP INC*W EXP 03/30/2020.02%$27,9002.5K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$55M14May 14, 202613F-HRchanges · EDGAR ↗
Q4 2025$155M21Feb 13, 202613F-HRchanges · EDGAR ↗
Q3 2025$169M19Nov 13, 202513F-HRchanges · EDGAR ↗
Q2 2025$236M26Aug 13, 202513F-HRchanges · EDGAR ↗
Q1 2025$160M26May 14, 202513F-HRchanges · EDGAR ↗
Q4 2024$206M36Feb 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$320M35Nov 13, 202413F-HRchanges · EDGAR ↗
Q2 2024$211M35Aug 13, 202413F-HRchanges · EDGAR ↗
Q1 2024$134M33May 14, 202413F-HRchanges · EDGAR ↗
Q4 2023$393M41Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$114M36Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$143M36Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$138M43May 12, 202313F-HRchanges · EDGAR ↗
Q4 2022$112M42Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$144M54Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$190M57Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$221M63May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$463M72Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$302M65Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$297M71Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$277M67May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$248M60Feb 16, 202113F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.